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Sensex, Nifty Close At Record Highs On Strong Global Cues: 10 Things To Know
Edited by Abhishek Vasudev (with inputs from Reuters) | Monday November 09, 2020The S&P BSE Sensex and NSE Nifty 50 indexes surged to record highs on Monday on the back of strong global cues on expectations of better global trade ties and more monetary stimulus under US President-elect Joe Biden supported risk appetite. Better than expected earnings in September quarter by Indian companies also boosted the investors' confidence, analysts said. The Sensex rose as much as 752 points to hit an intraday record high of 42,645.33 and Nifty 50 index climbed to an all-time high of 12,474. -
UltraTech Cement, TCS, Divi's Labs Among Anand Rathi's Top Diwali Picks
Edited by Abhishek Vasudev | Monday November 09, 2020The benchmarks have staged a strong rally from the lows hit in March as the country went into lockdown to curb the spread of COVID-19 pandemic. -
IT Shares Gain On Hopes Of Easy H-1B Visas Under Joe Biden's Administration
Edited by Abhishek Vasudev | Monday November 09, 2020Gauge of 10 IT shares on the National Stock Exchange - Nifty IT index - climbed as much as 2% with all, but one share, in the index trading higher. -
Gland Pharma IPO Opens For Subscription. Here's All You Need To Know
Edited by Peter Noronha | Monday November 09, 2020Gland Pharma IPO: The offer consists of a fresh issue of shares worth around Rs 1,250 crore and an offer for sale of more than 3.4 crore shares by Fosun Pharma, Gland Celsus Bio Chemicals, Empower Discretionary Trust and Nilay Discretionary Trust. -
Sensex Rises 704 Points To Record Closing High Tracking Global Markets
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Domestic stock markets surged to record highs on Monday as Joe Biden's win in the US presidential election lifted broader Asian shares. The S&P BSE Sensex index jumped 752.27 points - or 1.80 per cent - to touch an all-time high of 42,645.33 during the session, and the broader NSE Nifty 50 benchmark climbed to a record 12,474.05, up 210.5 points - or 1.72 per cent - from its previous close. Broad-based gains - led by banking, financial services, IT and pharmaceutical shares - pushed the markets higher. -
US Markets Set To Welcome Joe Biden's Election As President
Agence France-Presse | Monday November 09, 2020At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 per cent, on the Nasdaq by 1.28 per cent and on the S&P 500 by 1.02 per cent. -
Petrol, Diesel Prices Remain Unchanged On Monday
Edited by Peter Noronha | Monday November 09, 2020Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex, Nifty Likely To Open Strong
Edited by Peter Noronha (with inputs from agencies) | Monday November 09, 2020Asian markets are headed for a positive start, going by early futures trading, and SGX Nifty futures have also opened deep in the green after Joe Biden won the race to the US White House. -
Centre Plans To Sell Up To 15% Stake In Indian Railway PSU IRCON
Edited by Nikita Prasad (with inputs from agencies) | Sunday November 08, 2020At the current market price, the government could raise about Rs 450 crore by selling 15 per cent stake in IRCON -
Atal Beemit Vyakti Kalyan Yojana Extended; Relief Enhanced To 50% Of Average Daily Earning
Edited by Nikita Prasad (with inputs from agencies) | Sunday November 08, 2020Atal Beemit Vyakti Kalyan Yojana: The ESIC has extended the scheme from July 1, 2020 to June 30, 2021 and the rate of relief is enhanced from present 25 per cent of the average daily earning to 50 per cent of average daily earning. -
Despite Government's Digitisation Drive, Cash Still Used For These Payments
Edited by Nikita Prasad | Sunday November 08, 20204 Years After Demonetisation: Digital payments made through RTGS, credit transfers such as NEFT, UPI, AePS, IMPS, etc, card payments etc grew 135.4 per cent from 1,459.02 crore in 2017-18 to 3,434.55 crore in 2019-20. -
Investors Heave Sigh Of Relief After Joe Biden Wins US Presidential Elections
Reuters | Sunday November 08, 2020Major U.S stock indexes registered their biggest weekly gains since April this week, as investors bet Biden would win and Republicans would hold onto the Senate -
Petrol, Diesel Prices Remain Unchanged On Sunday
Edited by Nikita Prasad | Sunday November 08, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Adani Group Takes Over Ahmedabad Airport Operations
Press Trust of India | Sunday November 08, 2020Airports Authority of India has completed handing over procedure of SVPI Airport to Adani Ahmedabad International Airport Ltd -
US President-Elect Joe Biden's Trade Policy Will Aim At China; Unite Allies
Reuters | Sunday November 08, 2020His top economic priority will be to revive an economy slammed by the coronavirus pandemic, so trade agreements will likely take a back seat to stimulus efforts and infrastructure development.
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